Cheap Apartments for Rent in Okaloosa County, FL from $300 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Okaloosa County.

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property at 532 Brock Ave

532 Brock Ave

CrestviewFL32539
property at 80 4th Ave

80 4th Ave

ShalimarFL32579

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Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

50 Kelly AveFort Walton Beach, FL 32548
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Miramar Apartments
2 to 3 Bedroom Apartments

Miramar Apartments

1005 Martin Luther King Jr AveCrestview, FL 32536
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Twin Oaks
2 Bedroom Apartments

Twin Oaks

140 Banner CtCrestview, FL 32539
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Niceville Apartments
2 Bedroom Apartments

Niceville Apartments

203 Kelly RdValparaiso, FL 32580
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Inntown Apartments
1 to 2 Bedroom Apartments

Inntown Apartments

795 N Wilson StCrestview, FL 32536

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Teresa Village
1 to 3 Bedroom Apartments

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
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Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
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Villager Apartments
1 to 2 Bedroom Apartments

Villager Apartments

22 NW Wright Pky NWFort Walton Beach, FL 32548
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Holly Sands
Studio to 3 Bedroom Apartments

Holly Sands

5 Sandalwood DrFort Walton Beach, FL 32548
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Shoreline Villas - 62+
1 to 2 Bedroom Apartments

Shoreline Villas - 62+

302 Dates Ave NWFort Walton Beach, FL 32548
Senior Living
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The Greens on 5th
1 to 3 Bedroom Apartments

The Greens on 5th

5 Mooney RdFort Walton Beach, FL 32547

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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
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Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 2 Beds unit found at Princeton Grove in the Shoal River Ranch neighborhood priced from $390. Hillcrest in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Grove2/2 Bedroom2BR,2BA$390
Hillcrest1 Bed 1 Bath1BR,1BA$945
Villager ApartmentsA11BR,1BA$997
Spring Creek ApartmentsA11BR,1BA$999
Addison Place ApartmentsOne Bedroom1BR,1BA$1,006
Pinnacle Pointe ApartmentsFuji1BR,1BA$1,159
Bel Aire TerraceThe Venice1BR,1BA$1,172
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200

Best Value Apartments for Rent in Okaloosa County, FL

As of November 16, 2025 the best value apartment in the Okaloosa County area is the $1.14 price per square foot Main Model at Grande View Townhomes in the in the Sylvania Heights neighborhood starting from $2,000. The second greatest value Okaloosa County apartment is the 3x2 Model at Retreat at Redstone starting at $1,847 with a $1.06 price per square foot in the Shoal River Ranch neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grande View TownhomesMain3BR,2.5BA$1.14
Retreat at Redstone3x23BR,2BA$1.06
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.26
The CordeliaB1.1.5T2BR,1.5BA$1.32
943 Valley Rd, Unit A943 Valley Rd3BR,1BA$1.38
Pinnacle Pointe ApartmentsFuji1BR,1BA$1.40
Addison Place ApartmentsOne Bedroom1BR,1BA$1.33

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is a cheap apartment in Okaloosa County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Okaloosa County is under $1,200.

What is the price of a cheap apartment in Okaloosa County?

The cheapest apartment in Okaloosa County is Hillcrest which is listed at $945, while the average apartment in Okaloosa County costs $13,369.

What types of apartments are the cheapest in Okaloosa County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Okaloosa County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Okaloosa County?

Cheap apartments in Okaloosa County have an average cost of $133 which is $13,236 cheaper than the average rent for all rentals in Okaloosa County.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.